Tue., Aug 1, 2023FLOWOOD, Miss. — Process Oils, Inc., an Ergon company (Process Oils), has announced the purchase of MOGoil GmbH (MOGoil) on August 1, 2023. Since 2006, MOGoil has served its customer base in Europe and beyond by supplying them with optimal base oil solutions from a global network of long-term supply partners. Now a wholly owned subsidiary of Process Oils, MOGoil is positioned for a more sustainable future as a leader in international base oil distribution..“The addition of MOGoil will expand our regional expertise and further position us to better meet global market needs on a larger scale,” said Lance Puckett, President of Process Oils. “We are excited to have MOGoil join the Ergon family as both companies have a passion for exceeding customer expectations and striving to be the world’s preferred solutions provider..In a joint statement, Managing Directors for MOGoil said: “Being a part of the Ergon family of companies means major growth opportunities for MOGoil, and we are pleased to join a company known for extending remarkable support to employees, customers and partners.”.Click the link below to read the full press release.MOGoil Purchased by Process Oils.US’ May base oil exports to Europe rise
